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Republican’s victory challenges Fed policy, independence

  Washington / AFP Donald Trump’s surprise victory in the US presidential race raises new questions over Federal Reserve policy in the short run and the central bank’s vital operational independence over the longer term. How his proposed, dramatic policy shifts impact the economy could influence Fed plans to resume raising interest rates after a year’s hiatus, which was widely ...

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North Korea urges shift from United States

  Seoul/ AFP North Korea on Thursday warned the incoming Donald Trump administration will have to acknowledge it as a nuclear state, as the South said the maverick billionaire had pledged to protect it. The United States maintains it cannot accept North Korea as a nuclear power, despite it conducting five nuclear tests and has pushed harsh international sanctions against ...

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How Trump could help the Federal Reserve

  Everyone has a lot to digest in the wake of Donald Trump’s presidential victory, but for markets one question looms large: What should it change in the policies of the world’s most powerful central bank, the U.S. Federal Reserve? The answer differs depending on whether you’re looking at the next few months or the next several years. In the ...

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